Samuel Bankman-Fried and the Perversion of Civic Virtue

Chapter 3 of The Common Good

Friends,

The erstwhile billionaire Sam Bankman-Fried — whose cryptocurrency exchange, FTX, and its intertwined sister organization, the trading firm Alameda Research, abruptly collapsed last year — was sent to jail last Friday after a federal judge in New York revoked his bail. The judge found that Bankman-Fried had tried to influence witnesses who will …